ARCHIVED BLOG POSTS

2008

Fairfield Rental Market UpdateMarch 2008With all the turbulence in the Sales sector, we have been getting asked what is happening with Rentals - so here is a quick update from the first three months of the year. This market data is for yearly rentals that are unfurnished. This is the largest se...

Bridgeport Condo UpdateMarch 2008Unit Sales are off 41% from the prior year and continue the three year downward trend. This is similar to the Single Family trend in unit sales. What is a bit of a surprise is that the Median and Average Selling Prices seem to be very stable. This is counter t...

Greenfield Hill UpdateMarch 2008Greenfield Hill is off to a slow start to 2008 just like the rest of Fairfield and the surrounding region. Unit Sales are off 32%. The Median Price came in higher than the Average Selling Price demonstrating the slow demand in the highend property segment. In fa...

Greens Farms UpdateMarch 2008Well, it is hard to tell if 2008 has started! After three full months there have been only 3 homes sold. This is 70% below the prior year. Prices are off significantly too. Based on just three sales I wouldn't read too much into the price trends, there are just n...

Greens Farms UpdateMarch 2008Well, it is hard to tell if 2008 has started! After three full months there have been only 3 homes sold. This is 70% below the prior year. Prices are off significantly too. Based on just three sales I wouldn't read too much into the price trends, there are just n...

Fairfield Condo UpdateMarch 31, 2008The Condominium market is not faring any better than Single Family homes. Unit sales are off 39% from last year. This is a big decline over the first three months of the year. Prices are down too. This is showing that the trend to build Luxury Duplexes may ...

Wilton Real Estate TrendsApril 2008The Good News is that Wilton Housing inventory is even with last year. The Bad News is that this continues a 4 year slide in homes sales in the Town of Wilton. Even while many surrounding towns in Fairfield County have performed well, Wilton has slumped. Not ...

Weston Real Estate TrendsApril 2008The trend is clear. Slower sales in the first three months of 2008 are driving up the inventory of homes for sale. Having 22% more homes on the market is a big jump over last year. The 175 homes on the market is a higher total than for any month in 2007. Unle...

Trumbull Housing Inventory TrendApril 2008The numbers are pretty clear. The slow start to home sales in 2008 has inventory levels moving from 11% below last year to 7% above in just four months. The number of homes on the market is approaching historical highs. With this much selection and low...

Easton Homes For SaleApril 2008Here is the market trend so far for 2008. We started off really good due to improved sales in 2007. The slow start to this year is causing inventory to rise again. With only 3 homes per month in sales, 71 homes represent almost 2 years worth of inventory. Easton...

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